You've aced your procurement strategy, conducted your strategic sourcing and are about to award the contract. But there's one final hurdle to overcome – negotiation. People will talk about how good ...

"We are thrilled to partner with DKM in our mission to revolutionize Procurement training," said Clive R Heal, CEO of LavenirAI. "Together, we will empower Procurement professionals worldwide to ...

At a time when manufacturing firms are grappling with soaring input costs, fragile supply chains, and relentless pressure to protect margins, the ability to negotiate effectively has become a defining ...

In sales and procurement, it’s not uncommon for negotiation to be limited to external stakeholders (like suppliers). While effective negotiation strategies are necessary to the success of any ...

An analysis by IDEAS on direct negotiation projects in the auditor-general’s reports from 2014-2018 showed that existing rules were not implemented well. (Bernama pic) The Institute for Democracy and ...

In 2012, Deloitte Consulting AG asserted -- in a report titled "Facing the Procurement Challenge: Deloitte's Procurement Strategy Practice" -- "Procurement has made great progress as a function over ...

Brex reports nine strategies for effective vendor negotiations, emphasizing preparation, relationship-building, and ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

There’s been plenty of talk over the years for employing chatbots to serve as negotiating agents. Now, it appears that chatbots, powered by artificial intelligence, may be entering mainstream usage.

The defence ministry's Emergency Procurement (EP) period ended on November 19, raising the possibility of a one-month extension to finalize ongoing negotiations for weapon systems and equipment., ...